TWENTY-FIRST CENTURY FOX

Twenty-First Century Fox is a media group organized around three sectors of activity:

- production and distribution of TV programs via satellite and cable in the United States (56.3% of net sales);

- production and distribution of films and TV programs (27.5%);

- distribution of TV programs via satellite (16.2%): activity assured in Italy, Germany and Austria..

Net sales break down geographically as follows: North America (71.2%), Europe (11%) and other (17.8%).